Overview / Commentary
600 Atlantic Federal Credit Union is headquartered in Boston and is the 75th largest credit union in the state of Massachusetts. It is also the 2,615th largest credit union in the nation. It was established in 1946 and as of March of 2025, it had grown to 4 employees and 1,473 members at 2 locations. 600 Atlantic Federal Credit Union's CD rates are 4X the national average, and it has a B health rating.
Field of Membership Restrictions
600 Atlantic Federal Credit Union is open to employees of the Federal Reserve Bank of Boston and its First District branches or tenant firms in the 600 Atlantic Avenue building.
See current membership details
Health
B
Data as of Q1 2025
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. 600 Atlantic Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 5256 |
| Year Chartered | 1946 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.64% |
| Return on Equity - YTD | 5.16% |
| Annual Interest Income | $449K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $40.8MM$41.1MM |
| Loans | Q1 2025vs Q1 2024 | $20.8MM$21.7MM |
| Deposits | Q1 2025vs Q1 2024 | $35.7MM$36.3MM |
| Equity Capital | Q1 2025vs Q1 2024 | $5MM$4.8MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $134K$125K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $175K$2K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |